Florida Gas Prices Hold Steady Despite Dorian

September 3, 2019

Florida gas prices have held relatively steady since a state of emergency was declared on Thursday. Since that time, Florida gas prices have averaged $2.44 per gallon. However, drivers likely noticed a 7 cent bump earlier in the week – before the state of emergency – which was likely due to retailers’ expectations of higher demand for the Labor Day holiday.

In Escambia County, the average price per gallon Monday night was $2.38. At least three Cantonment stations were below the local average Monday night at $2.29.

Labor Day gas prices did end up being the lowest for the holiday since 2016. Florida drivers are paying 36 cents per gallon less than last year’s holiday, which amounts to a savings of nearly $5.50 for a full tank of gasoline.

Labor Day marked the unofficial end of the summer travel season. From Memorial Day to Labor Day, summertime gas prices in Florida averaged $2.54 per gallon – 23 cents per gallon less than last summer. The primary cause for lower prices at the pump this summer were lower crude oil prices, driven strong US production and concerns that global demand cannot keep pace.

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Written by William Reynolds · Filed Under News